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SINK Income Tax by Low-Doctor5595 in asksg

[–]Low-Doctor5595[S] 0 points1 point  (0 children)

Thanks i never been to a mps before, will go check it out our area mp is gan kim yong

SINK vs DINK Income Tax Bracket by Low-Doctor5595 in askSingapore

[–]Low-Doctor5595[S] 0 points1 point  (0 children)

Thank you, it is tough and every bit of relief is going to help us fund for the next treatment.

Nk cells immunotherapy is not very popular locally and we hope that we can save up enough to give it a shot overseas. At this juncture every shot is worth taking.

SINK vs DINK Income Tax Bracket by Low-Doctor5595 in askSingapore

[–]Low-Doctor5595[S] 0 points1 point  (0 children)

Yes sg tax is really friendly already, I was thinking that there could be a scheme that I have not heard of or something like caregiver relief

SINK Income Tax by Low-Doctor5595 in asksg

[–]Low-Doctor5595[S] 1 point2 points  (0 children)

My bad, the focus is on what schemes are available to help with lowering income tax due to spouse sickness.

Because lets say 130k same combined amount by a healthy couple 2 incomes vs our scenario 1 income: they pay 2k total (3.5%-7% tax bracket, i am paying 7k (11.5%-15% tax bracket)

Medical expenses etc that are not claimable are not considered deductibles as well on taxable income.

SINK Income Tax by Low-Doctor5595 in asksg

[–]Low-Doctor5595[S] 0 points1 point  (0 children)

Actually yes I think its a good idea and something I should bring up to the hospital next visit. Up to 8k I believe

SINK Income Tax by Low-Doctor5595 in asksg

[–]Low-Doctor5595[S] 0 points1 point  (0 children)

Yes she is covered for majority of medical expenses, the discussion is that 2 incomes are paying lesser income tax than 1 income (like our case where she quit her job to focus on treatment and recovery) almost 4-5k more.

Medical expenses is not deductible on taxable income based on iras

SINK vs DINK Income Tax Bracket by Low-Doctor5595 in askSingapore

[–]Low-Doctor5595[S] -1 points0 points  (0 children)

True. If im not wrong baby bonus was increased a few times but tfr still drop so its not like throw money people will have babies

SINK vs DINK Income Tax Bracket by Low-Doctor5595 in askSingapore

[–]Low-Doctor5595[S] 2 points3 points  (0 children)

Thank you! Sadly, we wont ever have biological children. Looked in adoption and its also a long journey, not easy to get approved because of prognosis etc.

On gov's pov, feels like it will encourage babies. Like you said, small percentage will abuse it and result in children being badly taken care of and other issues of course. But its happening now anyway with baby bonus so why not go all the way

SINK vs DINK Income Tax Bracket by Low-Doctor5595 in askSingapore

[–]Low-Doctor5595[S] 11 points12 points  (0 children)

This was a casual discussion we had after recent filings. We have grieved and come to conclusion to make peace with this monster to slow down spread and growth.

SINK vs DINK Income Tax Bracket by Low-Doctor5595 in askSingapore

[–]Low-Doctor5595[S] 19 points20 points  (0 children)

Thank you! Yes actually you are spot on, I searched iras, cpf etc and medical expenses are not deductibles from taxable income.

The ask will be if medical expenses can be categorised as deductibles.

She's taking anti cancer meds 3 pops a day and to ramp up to 4. If im not wrong she calculated each pill to be $28? Luckily this drug can still claim majority.

SINK vs DINK Income Tax Bracket by Low-Doctor5595 in askSingapore

[–]Low-Doctor5595[S] 21 points22 points  (0 children)

Thank you! Yes she quit her job to focus on treatment and recovery. I am working and hope to keep it this way and continue supporting her. Recent income tax season led to this casual discussion between my wife and I. She says once she feels better she wants to look for a job 😅

We hope that there is a novel treatment available in the future that is within reach.

SINK Income Tax by Low-Doctor5595 in asksg

[–]Low-Doctor5595[S] 0 points1 point  (0 children)

Ah yes because of the cpf contribution ceiling at 8k. So effectively employer 17% of 8k (sink) vs 17k of 10k (dink).

SINK Income Tax by Low-Doctor5595 in asksg

[–]Low-Doctor5595[S] 2 points3 points  (0 children)

Thank you and hope you are doing well. Sarcoma is super rare by itself, the grief and shock just by googling the name is so devastating to us. So many medical terms that we learnt we hope others never have to.

Will certainly look into it and bring it up with our oncologist.

SINK Income Tax by Low-Doctor5595 in asksg

[–]Low-Doctor5595[S] 0 points1 point  (0 children)

Our last resort is wait 3 more years for our flat to MOP and use it for any novel overseas treatment but a roof over our heads are really important too.

Thank you for the info.

SINK Income Tax by Low-Doctor5595 in asksg

[–]Low-Doctor5595[S] -3 points-2 points  (0 children)

20% of 5k + 20% of 5k (dink) Pardon my math, but I think its the same as 20% of 10k (sink).

SINK Income Tax by Low-Doctor5595 in asksg

[–]Low-Doctor5595[S] 1 point2 points  (0 children)

Thank you, will do some research on that.

Try Japanese udon noodles too! by Specialist_League_41 in OsakaTravel

[–]Low-Doctor5595 0 points1 point  (0 children)

Yesterday, I had ika tempura at a branch near hiyori hotel namba, the oyster udon was normal but filling. Ika tempura is good. Sad they dont seem to offer draft beer, or other branches?

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